ÉQUITÉ announces two new service focus areas that are crucial for luxury and premium brands: Trend Management and Sustainability Management. Master the challenges with an ÉQUITÉ Trend Workshop or an ÉQUITÉ Sustainability Workshop.
Read MoreInterview with Dr. Daniel Langer, CEO of ÉQUITÉ. WWD asked Langer to elaborate why luxury is the place to be, especially with Millennials.
Read MoreLuxury is disrupted and companies need to become more agile if they want to survive in the new reality. We identified 5 trends that will be critical for companies to master if they want to survive the tectonic shifts that impact the luxury industry.
Read MoreA Limited edition is a unique opportunity for revenue and profit growth and to increase the value of brands. Observing the America's Cup offers great examples to isolate four critical success factors to develop, create and manage limited editions.
Read MoreLimited Editions are a tremendous opportunity for brands to create highly exclusive pieces, add excitement and desire. And this can translate to the bottom line with direct profit impact. We take a closer look at Porsche's new 911 Turbo S Exclusive Series with learnings for every luxury brand.
Read MoreThe reality of many luxury and premium brands is sad: They have been well positioned in the past but entered into the trap of lowering prices, engaging into entry level offers, and gambled with their equity. A systematic strategy and rigorous action plans are needed to turn them around.
Read MoreIt sounds obvious, but celebrities are brands too. Consequently, whether they are perceived as relevant, premium, even luxury, depends on how well their brand is managed. Brand equity management and a sharp positioning is indispensable especially for celebrities.
Read MoreBrands need a clear foundation. An extremely sharp equity definition. Without, their positioning is not clear enough. And as a result, they lack relevance and have limited potential for premiumization. When was the last time you asked the question: "Why should someone buy my brand, really"?
Read MoreHow to price a luxury right? The dilemma is that too much means that potentially no one (or not enough people) will buy. And a too low price means not enough profit and may endanger the perception of luxury. Classic pricing methods don't work well for luxuries. Expertise and tools are needed.
Read MoreCorporate brands need brand equity, too. In fact, typically equity building for corporate brands is much more challenging than for product or service brands. Benefits of a sharply positioned corporate brand can include a higher company valuation by investors and shareholders, ability to attract and retain better talent and a higher appeal to consumers.
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